Editorial Commentary

Sarbanes-Oxley Messes Up

Its unintended consequences are prompting companies to flee our shores

WE HAD THE SURPRISING PLEASURE RECENTLY of meeting a couple of people who think that Sarbanes-Oxley is working well. It is for them, anyway: They sell computer systems that help companies comply with the law. They said that it's also helping the companies that buy their systems: The information that management needs to control in...